Source: New York Post
Nvidia said the revenue opportunity for its artificial intelligence chips may reach at least $1 trillion through 2027, as the company outlined a strategy to compete more aggressively in the fast-growing market for running AI systems in real time. CEO Jensen Huang unveiled a new central processor and an AI system built on technology from Groq — a chip startup from which Nvidia licensed technology for $17 billion in December at its annual GTC developer conference in San Jose, Calif. The moves are part of Huang’s bid to firm up the company’s position in so-called inference computing, the process of answering queries, where its graphics processors face greater competition from central processing units and custom processors built by the likes of Google.
